Novicetrader2015

Novicetrader2015 Updated 

Stock has taken rejection from the resistance zone for third time this year. Good to short if stays below trendline. Sell below 3675 for a target of 3600 and 3561 Consider to buy only and only if sustains above 3915 for target of 3950, 3975

Novicetrader2015 Updated 

Stock is forming Ascending Triangle on higher TFs. Keep in radar for next few days (can trigger anytime in next few days) Intraday : Buy above 711 for target of 720 in intraday SL 704 Swing : Buy if 1 hour candle closes above 711 then can target 740 to 750 levels, SL will be lower Trendline Consider shoring the stock if breaches Trendline and gives closing below...

Novicetrader2015 Updated 

Stock has formed symmetrical triangle. Movement on either side of triangle can give good move

Novicetrader2015 Updated 

Support zone has been tested multiple times from October'2020. Can give very good returns if breaks the support - Head and shoulder breakdown Intraday - Enter on support break and target 6670 Swing - Enter if daily candle breaks 6700 for targets 6580, 6500 and 6300 P.S. If stock bounces from support and breaks 6900 on daily candle then minimum target 7100/7150

Novicetrader2015 Updated 

Stock has made a hammer on daily time frame and broken the resistance zone after staying in a channel for sometime Looks goof for long tomorrow if remains above resistance zone only. Safe above 3275 !!

Novicetrader2015 Updated 

Nifty has formed inverted Head and Shoulders on 30 min TF Pattern only valid if 15/30 minute candle closes above 14900 Target - 14950, 1500 and 15050

Novicetrader2015 Updated 

Stock has been bullish in last 3-4 sessions. There are 2 possible scenarios mentioned in chart, you can trade accordingly depending on if stock breaks the upper TL immediately or breaks it in next few days after bouncing from lower TL. Keep in radar for April !!

Novicetrader2015 Updated 

Stock has been trading in a channel since January, keep an eye in April 1st week. Move on either side of channel can give a good profit, wait for at least hourly candle close above/below the channel For intraday, 15 minute candle close can be considered. P.S. IT companies yearly/Q4 Results will start coming in soon, one way move can be expected around that time

Novicetrader2015 Updated 

Stock has been trading in parallel channel since many months. It has touched lower TL today and bounced. It can continue the bounce in coming days and start another rally. However if it breaks the Trendline then good to short the stock Can consider for Intraday as well.

Novicetrader2015 Updated 

Stock has broken its Trendline and looks good to breach the resistance zone. Buy only if 30min/60 min candle closes above 3720 (resistance zone) Targets - 3780, 3880 and 4001

Novicetrader2015 Updated 

Stock has broken Descending Trendline and resistance zone. Buy above 1040 for targets of 1052 and 1067

Novicetrader2015 Updated 

Stock is testing its resistance trendline after making double bottom. Looks bullish for tomorrow. Buy only if stock breaks 755 successfully for targets of 767 and 775. P.S. Pattern fails if stocks starts trading below 720/715

Novicetrader2015 Updated 

Stop Loss 524, Target 533, 536 for Intraday. Stock has broken trendline and looks good to touch the resistance zone of 535-536. Go long for tomorrow if opens flat or small gap up. P.S. If stock opens huge gap up kindly ignore the trade as set up will be ruined

Novicetrader2015 Updated 

Consider for long only 30 minute candle should close above 14880. These days market is very volatile and set ups are ruined because of gap up/gap down so wait for proper levels before entering into any trade

Novicetrader2015 Updated 

Stock has made a symmetrical triangle on 2 hourly chart. Move on either side of triangle can give good profit

Novicetrader2015 Updated 

Stock has formed Symmetrical triangle on 30 minute time frame. Seems will go up (buy above 891) however both side move possible after breaking the triangle

Novicetrader2015 Updated 

Stock has formed Cup and Handle on higher TFs Buy for long if resistance zone is broken, since the market is volatile, don't wait for bigger targets. Can also consider for swing if 30 minute candle closes above 6960 P.S. Stock will become bearish if it breaks lower Trendline

Novicetrader2015 Updated 

Stock has given bullish signs on Daily candle. Also taken support at long term Trendline today. If stock breaks 1500 then go long with SL of 1460 and target of 1525, 1565 in coming days. P.S. Trade in small quantity as per your Risk Management as its a risky bet considering recent volatility